Sure. I guess I want to push back about the new regulations in Ontario facilitating cheaters; I think she might be referring to the possibility for ticket transferability. I don't think somebody who can't make an event and needs to resell their ticket is a cheater. This new language would help fans resell tickets.
The Ontario legislature has required the disclosure of holdbacks, and while venues certainly have the right to offer their tickets for sale as they see fit, I think it causes a frustrating experience for fans when they don't understand that only half of the seats in a venue are being put up for sale. I want to talk about that very briefly.
Generally speaking, I think it's been a bit of a mixed bag. For example, Ontario initially had a price cap, and I feel that a price cap is a mistake for a free market. I think that pushes people off websites like Vivid Seats, which have a 100% buyer guarantee and a high fulfillment rate, and onto street corner transactions, so I think price caps are a mistake.
However, we do support the anti-bots legislation. We strongly support that. We also support the requirement that all resale marketplaces offer a buyer a guarantee that they'll be delivered a valid ticket on time or their money back. We think that's the right move, and we support that.